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Our Bureau

Mumbai , June 23

THE Reserve Bank of India has notified that FIIs can now purchase equity shares and convertible debentures of SSI Ltd under Portfolio Investment Scheme (PIS) through primary markets and stock exchanges in India up to 74 per cent limits of its paid-up capital.

The company had passed resolutions to this effect at its board of directors' and general body meetings, said the release from the central bank.

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